Milwaukee’s Department of City Development offers $1 million in grants for Milwaukee businesses

MILWAUKEE — Milwaukee’s Division of Metropolis Growth (DCD) is continuous funding Milwaukee companies with the Business Revitalization Grant Program.

In line with a information launch, the Business Revitalization Grant Program helps improve constructing aesthetics and assists companies in creating higher-quality storefronts that appeal to clients and assist neighborhood growth.

“Our business corridors play a big position in boosting financial exercise and enhancing neighborhood growth all through Milwaukee,” stated Mayor Cavalier Johnson. “I assist efforts that construct stronger companies, activate business corridors, and develop the native financial system. The Business Revitalization Grant Program does simply that, and I’m happy this effort is helping Milwaukee companies and serving to them succeed.”

In 2022, over $1.5 million in grant funding was awarded to 50 Milwaukee companies for property renovations and enhancements. In line with the information launch, the funds awarded by the DCD to the grant recipients helped leverage greater than $12.4 million in new funding to the companies’ properties and business areas.

Sherman Park Grocery was one of many recipients.

“The Business Revitalization Grant Program was extraordinarily instrumental in bringing contemporary inexpensive fruit and veggies to the Sherman Park neighborhood, which is assessed as Meals Desert. The grant permits us to fight childhood weight problems and ldl cholesterol coronary heart illness, however most of all, Sherman Park Grocery is ready to present inexpensive contemporary fruit and veggies to many residents,” stated Maurice Wince, Proprietor of Sherman Park Grocery.

For 2023, the DCD is providing $1,000,000 in grant funding. 25% of this yr’s funds have already been awarded to native Milwaukee companies. The DCD’s Business Revitalization Grants fund 4 completely different applications to help companies:

• The Signage Grant Program offers help to enterprise house owners for creating or updating signage.
• The Façade Grant Program offers help to companies and business property house owners for street-facing façade renovations.
• The Storefront Activation Grant offers help to business property house owners for inside renovations that assist put together vacant areas for occupancy.
• The Retail Funding Fund (RIF) offers funding for retail growth tasks, positioned in neighborhood enterprise districts.

Extra data on the DCD’s Business Revitalization Grant is out there on the DCD web site.

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